NYLI MacKay Muni Intermediate ETF (MMIT)

NYSEARCA: MMIT · Real-Time Price · USD
24.27
+0.16 (0.66%)
Nov 8, 2024, 4:00 PM EST - Market closed
0.66%
Assets $723.13M
Expense Ratio 0.30%
PE Ratio n/a
Shares Out 30.15M
Dividend (ttm) $0.92
Dividend Yield 3.80%
Ex-Dividend Date Nov 1, 2024
Payout Ratio n/a
1-Year Return +2.75%
Volume 120,349
Open 24.11
Previous Close 24.11
Day's Range 24.11 - 24.27
52-Week Low 23.60
52-Week High 24.71
Beta 0.17
Holdings 556
Inception Date Oct 18, 2017

About MMIT

Fund Home Page

The NYLI MacKay Muni Intermediate ETF (MMIT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide enhanced total-return potential by investing mainly in investment-grade, AMT-free US municipal bonds with duration between 3-10 years. MMIT was launched on Oct 18, 2017 and is issued by New York Life Investments.

Asset Class Fixed Income
Category Muni National Interm
Region North America
Stock Exchange NYSEARCA
Ticker Symbol MMIT
ETF Provider New York Life Investments

Dividends

Ex-Dividend Amount Pay Date
Nov 1, 2024 $0.079 Nov 6, 2024
Oct 1, 2024 $0.07602 Oct 4, 2024
Sep 3, 2024 $0.079 Sep 6, 2024
Aug 1, 2024 $0.079 Aug 6, 2024
Jul 1, 2024 $0.076 Jul 5, 2024
Jun 3, 2024 $0.079 Jun 6, 2024
Full Dividend History

News

Municipal CEF Sector Update: What We're Doing After A Roller Coaster Ride

We take a look at the municipal sector after a rollercoaster ride. We find that longer-duration munis remain attractive, particularly relative to corporate bonds. Separately, muni CEF discounts are wi...

Other symbols: BMNMMINNADNMI
8 months ago - Seeking Alpha

Own a muni ETF? Here's what midterm elections mean for the municipal bond market, according to this investment team

U.S. midterm elections have MacKay Municipal Managers, a team of municipal bond investors at MacKay Shields, watching closely for state ballot initiatives that may lead to policy change.

Other symbols: MMCAMMINMUBVTEB
2 years ago - Market Watch

Muni Investors Stay Flexible As Rates Rise

Truly active managers shine in challenging investment environments, especially when they are given a flexible mandate. With tax-loss harvesting, active investors can deliberately sell at a loss to off...

3 years ago - Seeking Alpha